KT Rama Rao rushes to Delhi for release of funds

Written by | January 11, 2015 | 0

Hyderabad: Minister for panchayati raj K.T. Rama Rao rushed to Delhi to pressurise the Centre to release plan amount running into more than Rs 3,500 crore. Failure to submit the utilisation certificates of funds to various Central ministries on time has cost the TS government dearly. Over Rs 12,000 crore of plan amount was lying with the Centre for this reason.

Though this money is specifically meant to execute Centrally-sponsored schemes, it is necessary for many welfare schemes that have some link with the state government. With the Budget exercise for FY 2015-16 beginning this week, the utilisation of the plan amount gains significance. Alarmed over the situation, the government is rushing officials of variousdepartments to Delhi to lobby for the early release of the money. Even the ministers are queuing up in Delhi to pressurise the Union ministers.

Filed in: Hyderabad

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